$1,200,000

7032 Somerset, Paramount, CA 90723

  • 8 beds
  • 2,400 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1939
  • Property Lot Size Icon9,148sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $500/sqft
  • Property List Date Icon Listed 8 days ago

Property Description

Exceptional value-add opportunity in the heart of Paramount. This well-maintained 4-unit multifamily property offers strong in-place income with significant upside rent potential. The building has been consistently cared for over the years and features stable, paying tenants, providing immediate cash flow while allowing an investor to strategically increase returns over time. Rents are currently below market, creating a clear path for income growth through gradual rent adjustments and operational optimization. The property shows pride of ownership with minimal deferred maintenance, making it ideal for investors seeking a low-risk asset with upside rather than a heavy rehab project. Front unit 3 bed 1 bath 2nd unit 2 bed 1 bath 3rd unit 2 bed 2 bath 4th unit 1 bed 1 bath With solid fundamentals, long-term tenancy, and future appreciation potential, 7032 Somerset is a compelling opportunity for investors looking to enhance yield in a strong rental market.

Listing Status:
Active
Date Added:
January 30, 2026
Data Last Updated:
February 7, 2026 at 5:09PM
Listing Office:
Cal American Homes : 855-450-0442
Listing Agent:
Aaron Juarez : 909-917-8388
MLS ID:
CRCV26022273
  • Laundry: No Hookups
  • A/C: No Air Conditioning
  • General: Back YardFront YardOther
  • Originating MLS: CRMLS
  • County: Los Angeles
  • Zoning: 6240002014
  • Source: CRMLS

Presented by Veterans United Realty

This listing courtesy of Aaron Juarez , Cal American Homes

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

K

Keppel Elementary School

6630 Mark Keppel St, Paramount, CA, 90723

Grades KG-5

0.29 miles away

F

Frank J. Zamboni Middle School

15733 Orange Ave, Paramount, CA, 90723

Grades 6-8

0.39 miles away

P

Paramount Unified Community Day

14507 Paramount Blvd, Paramount, CA, 90723

Grades 7-12

0.98 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.